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Saturday, 25/07/2020, 06:15 (GMT +7)

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Cargo volume at Panama ports increased by 13.7% in the first half of 2020

In the first half of 2020, cargo throughput at Panama ports increased by 13.7% to 3.8 million tons from the same period last year. While the first half of 2019, the growth in cargo volume was only 0.6%.

cang-container-Panama

All container ports are reporting positive growth, with the exception of Colon Container Terminal (CCT - Colon Container Terminal), which has decreased by 4.9%, according to the statistics bureau of Panama Maritime Authority (AMP).

The port of Bocas Fruit Company - exclusively for bananas export - increased by 60.7%; Manzanillo International Port (MIT-Panama), increased by 14.2%; Balboa, 6.9%; Cristobal, 16.5% and Panama International Port PSA, 34.2%.

According to AMP's report, the port system operated more than 600,000 TEUs per month, but in June saw a decrease of 572,444 TEUs

The ports in Panama handled 90% of transshipment cargo and the remaining 10% for domestic cargo. Transshipped cargos reached 3.4 million tons with an 18.5% growth, while domestic cargo fell 16%.

Phaata (Adapted from Seatrade Maritime)

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25/07/2020

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